Renewables - Page 149 of 162 - New Energy Events

El Salvador begins auction process for 170 MW of renewables
June 16, 2016
El Salvador has published the rules for a highly anticipated auction of renewable energy projects, in which 170 MW of renewable energy in solar and wind will be bid on. The rules are being released over a month late, delayed because greater capacity for wind has been added to the auction. Currently 100 MW is […]
Honduras switches on 43-MW biomass plant
June 15, 2016
This week the Honduran Green Power Corporation inaugurated a 43 MW biomass plant. Located in the Sula Valley, the project will move Honduras one step closer to reaching its target of 80% renewables. The plant, which cost USD 130 to construct, will process grass, pinewood, palm tree and sugar cane bagasse.
EDC eyeing geothermal opportunities in Mexico
June 14, 2016
Philippines-based geothermal firm, Energy Development Corp (EDC) is considering investment in a site in Mexico “We’re not doing anything yet – but we’re studying. Mexico’s energy sector is privatizing, deregulating so we want to take a look,” said EDC president Ricky Tantoco. The commitments of Latin American governments since the Paris COP21 agreement have led […]
Jamaica’s solar PPA breaks records at 8.5 cents/kWh: who’s the big winner?
June 13, 2016
The recent PPA awarded at 8.54 US cents/kWh for a 33.1 MW PV project now ranks solar energy as the cheapest source of electricity in Jamaica. Eight Rivers Energy Company Limited (EREC) won the bid, beating out 18 competing projects. “Yes, it is lean – there’s not a lot of fat – but I think […]
Chinese banks consider financing 300-MW PV project in Argentina
June 13, 2016
Argentina’s provincial government announced that two Chinese banks, the Chinese Export-Import Bank and the Commercial Bank of China, are interested in funding a 300 MW solar project. A delegation from Argentina travelled to Beijing to present the PV project and received “favorable financial conditions on interest.”
Developer of Nevis geothermal project seeking funding from OPIC
June 13, 2016
Nevis Renewable Energy International has approached the Overseas Private Investment Corporation (OPIC) to finance a geothermal project. The project has had a couple challenges that will raise questions for the powerful fossil fuel group, including one well site where significant steam levels did not produce the energy projected by administrators. The government of Nevis has deferred […]
British biomass JV targets renewable energy in Cuba
June 9, 2016
A British firm is seeking to generate renewable energy from the byproducts of Cuban sugarcane production. Esencia, a UK-based holding company for Havana Energy, is working to construct the first of five biomass plants on the island. Robert Miller, director of Britain’s Cuban Solidarity Campaign (CSC) said, “We hope that this long worked-for venture will help […]
Dominica: geothermal projects should not be on back-burner
June 8, 2016
UK Parlimentary Under Secretary of State for International Development, Baroness Sandip Verma, paid an official visit to Dominica this week. She expressed the UK government’s interest in long term economic development in a statement: “You obviously have a vision for your country,” she said to the Hon. Prime Minister Skerrit. “We also have a vision […]
French development agency to back 100-MW solar project in El Salvador
June 7, 2016
Proparco, a unity of the French Development Agency, will fund a 100 MW solar project in El Salvador. The USD 30 million (EUR 26.4m) will displace an average of 163K MWh of thermal power generation a year via the Providencia Solar power plant, located near the Monsenor Oscar Arnulfo Romero International Airport outside San Salvador. The […]